NOT LISTED FOR SALE

31613 Highway 1 Carmel, CA 93923

Estimated Value: $2,254,000

100 Acres
$22,540 Price per Acre
4,356,000 Sq Ft Lot

Sale Details

Date Sold: June 9, 2016

Last sale price $3,175,000

Est. 29% decrease in value since last sale

Current estimated payment $14,393 / mo

649 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • 100 Acre Lot
  • Carmel River Elementary School Rated A

About This Lot

As of June 2016

California Coastal Conservancy owns 3 legal parcels to be sold together totalling 100 acres. The Western parcel 25.2 acres is one building site, the Eastern parcel & middle parcel total 74.7 acres is the 2nd building site. 100 acres is located across from Otter Cove on the South edge of Victorine Ranch overlooking Soberanes Point, Garrapata State Park, & the ocean.

Last Agent to Sell the Property

John Saar

Sotheby’s International Realty License #00470851 Listed on: 03/07/2014

Last Buyer's Agent

Daniel Lorimer

R-1 Corporation License #00839575

Property Details

Property Type

  • Land

Lot Details

  • 100

Utilities

  • Septic Permit Required
  • Sewer Not Available

Additional Features

  • 100 Acre Lot
  • Ocean Views
  • Horse Property

Property Details

Property Type

Land

Lot Details

100 Acres

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Inspections Reports: Flood Zone, Fault Zone, Geological/Flood, Water Agreement
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant, Grazing
  • Development Status: Recorded Parcel Map
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • Horse Property: Yes

Utilities

  • Sewer/Septic System: Sewer Not Available, Septic Required

Condo/Co-op/Association

  • HOA Documents: Cc&rs

Lot Info

  • Lot Acres: 100.0000
  • Lot Number: 10
  • Lot Location: Oceanfront
  • Lot Size Area Minimum Units: Acres
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 4356000.00
  • Lot Size Area Min Search: 4356000.00
  • Parcel Access: Highway, Private Road

Rental Info

  • Lease Amount: 3890000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2014
Closed on
May 26, 2016
Sold by
Department Of General Services
Bought by
The Santhanamrajagopalan Family Trust
Seller's Agent
John Saar
Sotheby’s International Realty
Buyer's Agent
Daniel Lorimer
R-1 Corporation
List Price
$4,500,000
Sold Price
$3,175,000
Premium/Discount to List
-$1,325,000
-29.44%
Current Estimated Value
$2,254,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$921,000
Avg. Annual Appreciation
-3.43%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
The Santhanamrajagopalan Family Trust $1,270,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $3,175,000 -29.4% --
12/16/2015 12/16/15 Pending -- -- --
03/07/2014 03/07/14 For Sale $4,500,000 -- --
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $83,885 $8,256,022 $2,367,592 $5,888,430
2024 $83,885 $8,094,140 $2,321,169 $5,772,971
2023 $83,437 $7,935,432 $2,275,656 $5,659,776
2022 $80,687 $7,779,836 $2,231,036 $5,548,800
2021 $79,888 $7,627,291 $2,187,291 $5,440,000
2020 $26,628 $2,569,864 $2,164,864 $405,000
2019 $13,980 $1,347,734 $1,347,734 $0
2018 $6,726 $1,295,400 $1,295,400 $0
2017 $13,437 $1,295,400 $1,295,400 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Saar

    Sotheby’s International Realty

  • D

    Buyer's Agent in 2016

    Daniel Lorimer

    R-1 Corporation

See All Agents

Map

Source: MLSListings

MLS Number: ML81407151

MLSListings

APN: 243-221-019-000

California Monterey County Carmel 93923

31613 Highway 1, Carmel, CA

Not Listed for Sale

Lots

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